Gold Trade Plan (Bearish & Reversal)

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Gold Trade Plan (Bearish & Reversal)Gold vs US DollarPEPPERSTONE:XAUUSDzaneybo🔻 Bearish Continuation Plan (Primary) Bias: Short until structure changes Entry Options Pullback entry (preferred): Wait for price to retrace into 4584 – 4598 zone Look for rejection (wicks, weak momentum, lower high) Enter short on confirmation Breakdown entry (momentum): Enter on a clean break below 4554 Prefer a retest of 4554 from below before entry Stop Loss Conservative: above 4598 Aggressive: above most recent lower high (~4585–4590 area depending on entry) Targets TP1: 4554 (if entering higher) TP2: 4520 area TP3: 4500 psychological level Runner: trail if strong momentum continues 🔄 Reversal / Invalidation Plan (Important) This setup fails if: Price reclaims and holds above 4598 And especially if it pushes toward 4642 (bull BOS level) If that happens: Stop looking for shorts Shift to: Buy pullbacks above 4598 Target 4620 → 4642 ⚠️ Key Notes Current context shows: Bearish structure intact “Fake flip” → increases chance of continuation down Avoid shorting directly into 4554 support unless it breaks cleanly Best trades = patience on pullbacks, not chasing